by Doug Goldstein CFP® | Oct 15, 2014 | Behavior finance, Decision Making
When investors decide whether to buy or sell a stock, they often get sucked into the “disposition effect.” Professors Hersh Shefrin and Meir Statman, who first invented this concept in 1985, define it as “investors’ disposition to sell winners too early and ride... Click for more
by Douglas Goldstein | Oct 14, 2014 | Podcasts
After saving your whole life, withdrawing funds from your savings account can be unnerving. What happens if you start tapping into your principal? Listen to this week’s podcast for the answers.... Click for more
by Doug Goldstein CFP® | Oct 13, 2014 | Financial Strategies
Finding a successful money management strategy is an important part of financial planning. John O’Connor, president and chief investment officer of 3-D Asset Management, talks about Separately Managed Accounts (SMAs) and how this works as a financial strategy in this... Click for more
by Doug Goldstein CFP® | Oct 8, 2014 | Chess Strategies
When chess masters line up their pieces at the start of a game, they’ve each got the same resources. One of them may choose to make a strategic sacrifice in order to get a tactical advantage. For example, if White were to lose one of his 16 pieces in the beginning, he... Click for more
by Doug Goldstein CFP® | Oct 8, 2014 | Chess, Strategic Thinking
As Garry Kasparov pointed out in the title of his book, “life imitates chess.” That being the case, an examination of chess may provide some valuable insights into portfolio management. When talented chess players develop their pieces, they place them on squares that... Click for more
by Douglas Goldstein | Oct 7, 2014 | Podcasts
How can you fulfill your dream of becoming a millionaire? This podcast will give you some great ideas. ... Click for more
by Doug Goldstein CFP® | Oct 6, 2014 | Behavior finance, Financial Strategies
One of the best ways to lose a game of chess is getting stuck in a bad position on the chessboard. Logic dictates that if there’s no foreseeable benefit in leaving your chess piece where it is, you should move it somewhere else. Yet for some reason, many people seem... Click for more
by Doug Goldstein CFP® | Oct 1, 2014 | Other, Strategic Thinking
What to do if someone breaks into your email (This is an important article that explains what you need to do if someone gets access to your email or bank account. Please tweet it, put it on your Facebook and share it with your friends and family. It could save... Click for more
